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Lou replied Nov 15, 2009FYI — The past bruhaha over candlestick patterns reminded me that, from an educator's point of view, The Candlestick Course by Steve Nison could be the best book for the understanding of candlesticks written. Why you say? It is all in the ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 15, 2009Who here trades the weekly chart mostly. — Sorry, I can't recall who youall are. Would just like to chat a bit. Thanks.
Strat's Long Term Stress Free Trading
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Lou replied Nov 12, 2009By Swingtrader65 : ( Oh, the reason I refer to this pair as 'her' is that I have been a Yen trader for over 10 years and this pair is like my mistress) Sorry, Swingtader65 I could not let your comment go unnoticed . A few quotes from my favorite ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 12, 2009I hope you didn't follow your own advice today or had a big SL.
Apparently you didn't read my reply.Strat's Long Term Stress Free Trading
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Lou replied Nov 11, 2009Revising my entry plan for E/G. Need a close above 9080 to take a long position.
Strat's Long Term Stress Free Trading
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Lou replied Nov 11, 2009Very much like what I said. Except I did not see Alexandra's post. I remember some trader saying, "We get paid for waiting".. which is what I concluded:Wait and see what PA does, up or down. Kind of like life, the key is not being a top or bottom ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 10, 2009"Whence comest thou, I do not know, but thou canst wit what the day will bring therefore, whither thou goest, I'll go, for thy shining armour on thy white horse showeth the path to follow." I have to say that I was just about ready to pull out the ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 10, 2009Lots of bottoms. Boss and BB yes. But I am only seeing an " M " on the worker on my chart. An M in a downtrend would have a pause here with more downward pressure to come. I would wait for a close below the s/r line at 1.0010 for .9650 . If I had ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 10, 2009From the Video... set up a plan in which the odds are in my favor such that someone else ( a lot of them) will come into the market in my direction. How much is that worth to me to find out = SL and lot size.
Strat's Long Term Stress Free Trading
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Lou replied Nov 9, 2009Something to keep an eye on. Big Boss and Boss are spinning. Worker has been doing the slide up the DSRI. I have been watching this pair for awhile. Time is on my side. Strat's quote: "A fool and his money are easily parted!" And all this time I ...
Strat's Long Term Stress Free Trading
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Lou replied Nov 4, 2009Back from the Computer Doctor. I think my PC had the Swine Flu... or maybe Mad Cow disease. Been down for a week. Got some good reading done while watching from afar. Pring on Price Patterns and now Steenberger ... The Psychology of Trading. All ...
Strat's Long Term Stress Free Trading
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Lou replied Oct 26, 2009I use MT4. When drawing trend lines on one time frame and then switching to another time frame they almost always drift, requiring repositioning. Any cure for this? Which of course leads me to the following quote.. by Mae West (she had some great ...
Strat's Long Term Stress Free Trading
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Lou replied Oct 26, 2009I Soso, Afew minutes ago I opened my charts went to U/CAD and drew a trendline on the Weelkly LINE chart, connecting the highs.... to take a look at it. Then I went to the forum and there was your post !!!!
PS... when do you sleep?Strat's Long Term Stress Free Trading
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Lou replied Oct 26, 2009from Soso, 1.068 resistance zone ... Do see 1.063 which we are at now. I think of S/R lines as zones anyway. 1.0630 - 1.0680
Strat's Long Term Stress Free Trading
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Lou replied Oct 26, 2009Hi Soso, Home today with the bug. Tried looking for 1.068 on my Alpari UK as a resistance zone ... not seeing anything really.. Do see 1.063 which we are at now.
Strat's Long Term Stress Free Trading
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Lou replied Oct 26, 2009elitejets, Your purple line and Strat's aqua line are the same,,, diagonally down from upper left to lower right. Naws is talking about a green line that rises from the left center and becomes horizontal.... intersecting your purple line and Strat's ...
Strat's Long Term Stress Free Trading
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Lou replied Oct 24, 2009I look at support and resistance for entering and exits. So that would be in the style of J16.
Strat's Long Term Stress Free Trading
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Lou replied Oct 24, 2009I need to have firm answers to questions like .... what will I do if price goes to this level or that level? Write them down so I can stay true to my plan. Gripped with fear to me means paralysis. Not so. But extremely cautious. What was the problem ...
Strat's Long Term Stress Free Trading
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Lou replied Oct 23, 2009I traveled that road too, as you know, Soso. 20/20 hindsight says it would have been better for me to become proficient at price action and then investigate Gann. As you say, there is some value there.
Strat's Long Term Stress Free Trading